EXHIBIT 10.4
APOLLO GROUP, INC.
SAVINGS AND INVESTMENT PLAN
TABLE OF CONTENTS
Page
PREAMBLE 1
ARTICLE ONE - EFFECTIVE DATE 1
1.1 EFFECTIVE DATE 1
ARTICLE TWO - DEFINITIONS AND CONSTRUCTION 1
2.1. DEFINITIONS 1
2.2. TOP HEAVY PLAN PROVISIONS 11
2.3. HIGHLY COMPENSATED EMPLOYEE 13
2.4. CONSTRUCTION 16
ARTICLE THREE - ELIGIBILITY AND PARTICIPATION 16
3.1. ELIGIBILITY AND PARTICIPATION 16
3.2. APPLICATION TO PARTICIPATE 17
3.3. CREDITING OF SERVICE 17
3.4. EFFECT OF REHIRING 17
3.5. AUTHORIZED LEAVES OF ABSENCE 18
3.6. AFFILIATED EMPLOYERS 18
3.7. TERMINATION OF PARTICIPATION 18
3.8. TRANSFERS TO AND FROM AN ELIGIBLE CLASS OF EMPLOYEES 18
3.9. LEASED EMPLOYEES 19
3.10. WAIVER OF PARTICIPATION 19
ARTICLE FOUR - EMPLOYEE CONTRIBUTIONS 20
4.1. PRE-TAX CONTRIBUTIONS 20
4.2. PRE-TAX CONTRIBUTIONS--$7,000 LIMITATION 20
4.3. LIMITATION ON CONTRIBUTIONS OF HIGHLY COMPENSATED EMPLOYEES 21
4.4. DESIGNATION AND CHANGE OF DESIGNATION OF PRE-TAX CONTRIBUTIONS